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Small business is incredibly diverse. Companies vary wildly in size and industry, but there is one  subject that every company, no matter what its business, needs to learn - finance. You don’t need to be able to do your own taxes or generate your own financial statements. It is too
Your books are only as good as their execution. Otherwise, even the most perfect business model does no more good than the latest diet book growing dusty on your bookshelf. The fact of the matter is that your books ARE your business. At the end of the day, your company IS how much it makes.
If small business is supposed to be the economic engine driving this country, we’re at risk of stalling out. Five years after the economic collapse that led to the Great Recession, the ability for small business owners to find financing to grow their businesses still hasn’t fully
In my post What Drives Your Pricing? I stated that businesses are much better off using a strategy-driven pricing model. To explain that better, let us first look at the relationship between supply, demand and price. When the demand for a product goes up and the supply goes down (or stays the
Know Your Numbers: What You Can Do Now to Drive Stronger Financial Health Whether you are a newly minted entrepreneur or you’re a business that has been around for a dozen years, a critical element for small business success means knowing your numbers. Sponsored by Visa, This e-guide is designed to help you better understand what figures and
Who keeps track of your business numbers? It’s easy to just say, “I’m a craftsperson and I know my craft and that’s all I need to know. I’ll just hire someone to take care of the numbers for me.” The truth is, if you are in charge of making decisions about your
Financial Accounting is concerned with the preparation of financial statements for people outside the company, such as stockholders, suppliers, banks, employees, government agencies, owners, and other stakeholders. (Source: Wikipedia). Given the diverse needs of the stakeholders, the
Understanding ROI for Hispanic Business Latin Business Today discusses what return on investment (ROI) and why it is one of the most important factors that small business owners should be tracking.
If there’s one mistake that can make or break your startup from the get-go, it’s failing to adequately understand the art of accounting. If you’re sighing “Boring” right now, then you really need to read on. Neglecting to maintain proper accounting records can
Visa Small Business Spend Insights Q2 - 2012 Visa® Small Business Spend Insights monitors the economic confidence of U.S. small business owners by analyzing Visa Business card spend data and responses to a quarterly survey. Small businesses and those serving them can benefit from the trends and insights obtained from Visa’s

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